IMPORTANT INFORMATION ABOUT THE CORONAVIRUS (COVID-19) FINANCIAL UPDATES

LGT's Profit Sense

Recognizing Revenue in Not-for-Profits: The Effects of ASU 2018-08

Posted by Lucas LaChance, CPA, CIA, Partner of Practice Growth on Jul 3, 2019
Recognizing Revenue in Not-for-Profits: The Effects of ASU 2018-08

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU affected predominantly...

Read More
0 Comments Click here to read/write comments
Topics: Not-for-Profit, Revenue Recognition

Third-Party Health Care Settlements under the New Revenue Recognition Standard

Posted by LGT Staff on Apr 29, 2019
Third-Party Health Care Settlements under the New Revenue Recognition Standard

The changes in revenue recognition present two major issues. In this month's article, Maria will address the first issue. Next month she will complete this two part series.

Read More
1 Comment Click here to read/write comments
Topics: Healthcare, medical, Revenue Recognition

A Brief Q & A with Lance Trammell

Posted by Lance Trammell, CPA, Partner, Assurance Services on Feb 28, 2019
A Brief Q & A with Lance Trammell

Over the last six months our Construction Industry team here at Lane Gorman Trubitt has been working on producing an informative video series covering the new revenue recognition guidance and how...

Read More
0 Comments Click here to read/write comments
Topics: Real Estate, Construction, Financial Accounting Standards Board, Revenue Recognition, FASB
All posts

LGT's Profit Sense

Financial Tips from Your Trusted Advisor

Keeping you up to date with:

Posts by Topic

see all topics

Recent Posts